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Technology Stocks : Silicon Graphics, Inc. (SGI)
SGI 90.81-2.0%Dec 3 3:59 PM EST

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To: Dr. Arvind who wrote (3236)10/28/1997 2:16:00 AM
From: Al  Read Replies (1) of 14451
 
Here's what MSNBC had to say regarding the rumor mill's circulation of the 'pending' sale of SGI:

"Some industry executives, however, say that the company's Cray computer unit, which relies on long-term contracts, makes it unpalatable to many potential suitors. Moreover, the direct overlap of SGI's products with those of Sun Microsystems, Hewlett-Packard and others also tend to dampen somewhat the speculation of an imminent sellout."

If interested, you could find this article at: msnbc.com

I just hope this market will have some rationality left by the end of this week. If not, investors should start buying the stock of the manufacturers of Peptol-Bis, as most of Wall Street will be needing them to aide them with all those sell orders.

With luck to all (awaiting the big conf. on Thurs)
Al
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